{"id":5687,"date":"2019-06-10T11:31:15","date_gmt":"2019-06-10T11:31:15","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-chain-house-international-p-ltd-2018-98-taxmann-com-47-mp-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-chain-house-international-p-ltd-2019-262-taxman-207-sc\/"},"modified":"2020-03-04T08:26:44","modified_gmt":"2020-03-04T08:26:44","slug":"pcit-v-chain-house-international-p-ltd-2018-98-taxmann-com-47-mp-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-chain-house-international-p-ltd-2019-262-taxman-207-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-chain-house-international-p-ltd-2018-98-taxmann-com-47-mp-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-chain-house-international-p-ltd-2019-262-taxman-207-sc\/","title":{"rendered":"PCIT  v. Chain House International (P.) Ltd. ( 2018) 98 taxmann.com 47 \/ (2019) 408 ITR 561(MP) (HC),Rohtak Chain Co ( P) Ltd ; PCIT v  (2019) 408 ITR 561 (MP) (HC)\/Bharat Securities Ltd ; PCIT v.   (2019) 408 ITR 561 (MP) (HC)   Editorial: SLP of revenue is dismissed, PCIT  v. Chain House International (P.) Ltd. (2019) 262 Taxman 207 (SC)\/,PCIT v. Bharat Securities (P) Ltd ( 2020) 268 Taxman 394 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, when Genuineness, creditworthiness and identity of investors are established-Addition cannot be made as cash credit on ground that shares were issued at excess premium. (AY. 2012-13, 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Shares at  a  premium-Genuineness, creditworthiness and identity of investors are established-Addition cannot  be made as cash credit.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5687","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1tJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=5687"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5687\/revisions"}],"predecessor-version":[{"id":10223,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5687\/revisions\/10223"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}